Pacific Tribune

Gathering Art and Lifestyle News about Issues for the Pacific Basin

Archive for June, 2010

Go for Pacific Rim, thanX Australia: Sue Goldman Sachs bigtime!

Wednesday, June 9th, 2010

Take the leap to read the whole article in the American media.Timberwolf Lawsuit: Goldman Sachs Sued By Australian Hedge Fund Over ‘Sh–ty Deal’

In addition to generating some laughs and populist outrage during a contentious Senate hearing in April, Goldman Sachs’s infamous “shitty deal” is also turning into a major headache for the embattled firm.

Today, Goldman was sued for securities fraud by an Australian hedge fund, which claims that it was suckered into buying $81 million of toxic subprime mortgage securities, which led to the collapse of the fund, according to a lawsuit obtained by Huffington Post.

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New Technology From Asia

Sunday, June 6th, 2010

Embedded battery

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(Left) The printed circuit board embedded with a thin-film rechargeable battery. (Right) The prototype lights an LED lamp. Image credit: Oki Printed Circuits.

(PhysOrg.com) – Looking to the future of powering mobile devices, Japanese company Oki Printed Circuits recently demonstrated a prototype of a 0.8-mm-thick printed circuit board embedded with a 170-μm-thick rechargeable all-solid-state Lithium-ion battery. The prototype was on display at the JPCA Show 2010 in Tokyo last week, and the company hopes to bring the product to market next year.

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